ChrysCapital-Backed Infogain Acquires AI & Analytics Pioneer Absolutdata - GADGET-INNOVATIONS
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Absolutdata significantly enhances Infogain’s ability to engineer superior business outcomes for its clients through cutting-edge AI and Analytics

 


Silicon Valley, Calif. - December 24, 2020 - Infogain, a Silicon Valley-based leader in human-centered digital platform and software engineering services, today announced its acquisition of Absolutdata, a San Francisco Bay Area based AI and Advanced Analytics company serving Global 500 clients. Absolutdata’s award-winning NAVIK AI platform and 300 world-class data scientists will significantly enhance Infogain’s ability to engineer superior business outcomes for its clients through the use of cutting-edge AI and Analytics.



Absolutdata has been a leader in utilizing AI and Advanced Analytics to create scalable business impact for enterprise clients across the globe. Using a combination of its proprietary NAVIK AI platform and AI & Advanced Analytics services, Absolutdata enables its clients to grow faster, increase profitable revenue and develop deeper relationships with their customers. Absolutdata has been widely recognized for its innovation and cutting-edge AI solutions.



This acquisition, Infogain’s third in 14 months, follows its acquisitions of Houston-based Silicus Technologies and Seattle-based Revel Consulting. Data, analytics and artificial intelligence are strategic focus areas for Infogain and will account for 15% of its revenue post-acquisition.

 

Wilson, Sonsini, Goodrich & Rosati is serving as legal counsel to Infogain in the United States, Shardul Amarchand Mangaldas & Co. as legal counsel to Infogain in India, and KPMG as the financial and tax advisor to Infogain.  Ernst & Young is serving as the exclusive selling advisor.









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